Italian Banks Back Digital Euro, Urge ECB to Spread Out Costs
Italian Banks Back Digital Euro, Urge ECB to Spread Out Costs
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Italian banks have expressed their support for the European Central Bank's digital euro initiative. However, they are advocating for the implementation costs associated with the project to be distributed over several years, rather than being borne upfront.
Italian banks have endorsed the ECB’s digital euro project but called for implementation costs to be spread out over several years.